Business Mastermind PodcastJennifer Peak of Peak Advisory on Growing Your Business Through Acquisition
This week, Gavin discusses the technique of developing and strengthening businesses through mergers and acquisitions, from one of the most experienced people in the world in this field, Jennifer Peek of Peek Advisory.
Jennifer talks about the importance of having impartial guidance through the acquisition process, and why now may be the ideal time to begin thinking about mergers in your own company.
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KEY TAKEAWAYS
- Business owners in the twilight of their business life, may well be looking at the post-COVID world, and wondering whether they have the energy to pivot effectively. This makes it a wonderful time to be in the market for acquisitions.
- A great place to get started when thinking about expanding is to contact your professional network (lawyers, accountants etc), who may already be in contact with companies open to merger.
- There is bound to be an initial period of frenzied activity when businesses jumpstart back into life, but this will be followed by a lull, and that is when opportunities will be at their greatest.
- A loss of enthusiasm or energy for your business may not be a signal that you need to sell, but that you need to hand off operations to someone who does have the necessary energy levels.
BEST MOMENTS
‘You don’t want everyone’s biggest dream to become their worst nightmare’
‘If you’re looking to buy a business, assume that you’ll have to have some kind of active role in it’
‘I don’t want to try and catch a falling knife’
‘You’ve expanded exponentially your ability to exit the business'
VALUABLE RESOURCES
The Business Mastermind Podcast
To secure your place on the Game Changer Summit, go to www.bit.ly/gamechangergavin
Jennifer Peek LinkedIn - https://www.linkedin.com/in/jenniferjpeek/
Peek Advisory - https://peekadvisory.com
ABOUT THE HOST
Gavin Preston
Gavin is an inspirational Speaker, Business Strategist, Business Growth Mentor, Trainer and
high-performance Coach. He works with Business Owners and Entrepreneurs and has a strong track record in creating creative strategies to accelerate the growth of their business. He has helped hundreds of SME business owners and leaders improve their performance and that of their business and a comparable number of executives and employees in blue-chip corporates over the last 20 years.
Gavin’s energetic, insightful and yet down to earth and practical talks, workshops and coaching is in demand with high growth business between £250,000 and £30 million revenue and with multi-national organisations at all levels from Board to frontline
Managers. He is an expert in Business Growth Strategies, Peak Performance
Mindset, Persuasion & Engagement, Marketing, Productivity, Leadership
Development, Team Development & Motivation, Leading Change, Stakeholder
Management, Personal Effectiveness and Behavioural Change.
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